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What are the main roles that financial intermediaries play

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Reference no: EM131711537

1. What are the main roles that financial intermediaries play in the financial system?

2. Compare and contrast direct finance and indirect finance. Which is more likely to have a larger share of the total financial market in a mature economy? In a young economy? Why?

3. What is the difference between a primary market and a secondary market? Which market is bigger for equity securities?

4. What is the relationship between the efficiency of a financial system and the rate of economic growth?

Reference no: EM131711537

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